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Pot Investors Beg Executives for Some Humility: Cannabis Weekly

  • Pitch decks will be trashed for unrealistic valuations
  • ‘They thought that money was going to grow on trees’
A Tiny African Kingdom Wants to Export Its Cannabis to the World
Photographer: Waldo Swiegers/Bloomberg
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Humility is in short supply in the cannabis industry. Investors want that to change.

That was the message from several fund managers at the Northeast Cannabis Business Conference in Boston last week, where the industry was asked to reconcile its boundless optimism with the current reality of slumping stock prices and wary capital markets.